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Argentina Vows to Defy Court Order

Nov 26, 2012

Argentina plans to challenge a US judge's ruling in an appeals court, its economy ministry says, after the sovereign was ordered last week to pay $1.3bn to its holdout creditors and not to pay other bondholders until it satisfies this judgment. The government has reiterated its vows not to...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management